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2.17%

22.5¢ tesserent limited

Agree. Very cheap at the moment. No debt. Cash in bank. Growing...

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t1obrien

845 Posts.

11

09/12/16

23:09

Post #: 21241340
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Originally posted by Yskelo ↑

While TNT is a dog stock now I think it's worth to hold on to it. For any new investors it's a very good entry point. Looking at the performance of different businesses floated this year, most of them very often gain substantially on value after they hit half of their IPO price. They just become too cheap. MIL, MX1 and a couple of more are some of the examples. TNT for the reasons mentioned above behave similarly. 60% gains were to be made in September. I reckon similar opportunity is present now.

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Agree. Very cheap at the moment. No debt. Cash in bank. Growing sales.

Expect TNT to make an acquisition in the coming months, with the cash in the bank from the recent sale of IP from Blue Reef. TNT on the record as saying it wants to expand via acquisitions.

TNT Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
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